Illinois -- Drifting Away -- October 6, 2019

The article is over at ZeroHedge.

Illinois is second to Alaska in net outbound. Many move out, but few move in.

But look at that graph above. What do you notice? I missed it. Don caught it. Answer at bottom of post.

See also the IRS map on folks moving across the US; but only as recent as 2011, but it is nice because it goes back several years.

United Van Lines, 2018. For 2018, of all the United Van Line moves in/out of Illinois, 66% of folks were moving out of state; 34% were moving to the state.

Chicago Tribune has similar story, May 23, 2019. Again, like those opting to move out of NYC, I would assume, the largest segment of movers are those in the upper half socioeconomically, the ones that would "add" something to the state, not take something away from the state.

More recently, September 25, 2019, the Chicago Tribune takes a closer look at the "Illinois exit."

This is probably one of the most interesting data points:

The Illinois Policy Institute reports [Despite taxing both sales and income, Illinois has higher property taxes than every single state that does not charge an income tax](Despite taxing both sales and income, Illinois has higher property taxes than every single state that does not charge an income tax.).

State income tax rates here. It appears that the Illinois state income tax, one of the highest in the country, is 4.95% across the board.

Answer to question, hint before I post the answer: note which state Illinois residents are not moving to.

Answer later.

************************************

Corky At The Piano